>> NORTH CAROLINA CHANNEL IS MADE POSSIBLE BY THE FINANCIAL CONTRIBUTIONS OF VIEWERS LIKE YOU WHO SUPPORT THE UNC-TV NETWORK.

[STATELY ORCHESTRAL MUSIC] ♪ >> IT'S BAD WHEN MEREDITH COMES TO TELL ME TO CALL YOU DOWN.

ACTUALLY, I THINK SHE WAS CALLING ME DOWN.

GOOD MORNING, EVERYONE.

WHAT A GREAT WEEK WE HAVE HAD HERE.

I APPRECIATE YOU ALL BEING HERE.

THE UNC SYSTEM BOARD OF TRUSTEES WORKSHOP 50TH ANNIVERSARY CELEBRATION OF OUR CONSOLIDATED SYSTEM.

IT'S BEEN A FULL WEEK.

THANKFUL, CHANCELLOR WOODSON, ON THE FRONT ROW, OF COURSE.

CHANCELLOR WOODSON, ELLEN, THANK YOU.

STAFF AT N.C. STATE, WE APPRECIATE YOU.

HOW ABOUT A ROUND OF APPLAUSE FOR ALL THEY HAVE DONE TO HELP US.

[APPLAUSE] >> I WOULD BE REMISS IF I DIDN'T MENTION THE OFFICE STAFF.

IT'S NOT AN EASY FEAT TO MOVE.

GOVERNOR POWERS AMBITIOUS YESTERDAY.

I ASKED OUR SCHOLARS IF THEY DID ANYTHING OTHER THAN TOTE STUFF FOR US LAST NIGHT.

I APPRECIATE THE SYSTEM OFFICE STAFF BRINGING US ON THE ROADSHOW.

I THINK IT'S -- I PERSONALLY THINK IT'S IMPORTANT FOR US TO BE ON THE CAMPUSES, HOLD THE MEETINGS ON THE CAMPUSES AND GIVE US AN OPPORTUNITY TO INTERACT WITH STUDENT AND PEOPLE.

I VERY MUCH ENJOY IT.

BEFORE THE MEETING, THE CAMPUS TOUR ON CHAPEL HILL THURSDAY DECEMBER 2ND, 12:00 TO 3:00.

IF YOU HAVEN'T LET US KNOW IF YOU WOULD ATTEND, I APPRECIATE YOU DOING SO AS SOON AS POSSIBLE.

I WOULD ASK THE COMMITTEE CHAIRS TO GIVE THEIR REPORTS FROM THE PODIUM.

I CALL ON GOVERNOR PALMA FOR OUR INVOCATION.

>> GOVERNOR PALMA: PUBLIC HIGHER EDUCATION AND THE GREAT STATE OF NORTH CAROLINA.

PLEASE CONTINUE TO GRACE US WITH YOUR STRENGTH, GUIDANCE AND WISDOM, TODAY, TOMORROW AND THE REST OF TIME.

LORD, WE THANK YOU FOR THESE BLESSINGS AND ASK FOR YOUR CONTINUED GRACE IN YOUR NAME, AMEN.

>> CHAIR RAMSEY: THANK YOU VERY MUCH.

VERY APPROPRIATE REMARKS.

I CALL ON MISS MCCULLEN TO CALL THE ROLL.

[ROLL CALL ] [ROLL CALL ] [ROLL CALL ] [ROLL CALL ] [ROLL CALL ] [ROLL CALL ] >> YOU HAVE A QUORUM.

>> CHAIR RAMSEY: THANK YOU.

JANUARY 1, 2007 AND ALL MEMBERS OF THE BOARD ARE COVERED UNDER THE ACT.

UNDER THIS YOU HAVE THE DUTY TO AVOID CONFLICTS AND APPEARANCE OF CONFLICTS.

LOOKING AT TODAY'S AGENDA, DO YOU SEE A CONFLICT OR ANYTHING THAT WOULD GIVE RISE TO THE APPEARANCE OF CONFLICT, IF SO, LET ME KNOW NOW.

>> CHAIR RAMSEY?

I'M RECUSING MYSELF FROM VOTING ON THE CONSENT AGENDA.

>> GOVERNOR COWARD, WE'LL MAKE NOTE.

YOU ARE RECUSING YOURSELF.

ANYONE ELSE?

AS WE BEGIN THE BUSINESS PORTION OF THE MEETING, I WOULD LIKE TO REMIND YOU OF THE BOARD CONDUCT FOR THE MEETING.

WE ASK ALL ATTENDING TO BE RESPECTFUL OF THE BOARD.

THOSE ATTENDING IN THE OFFICIAL MEETING MAY NOT INTERFERE WITH THE RIGHT OF OTHERS TO LISTEN TO THE PROCEEDINGS.

ANYONE THAT DOES SO MAY BE SUBJECT TO ARREST.

BEFORE I CALL ON THE FIRST PRESENTER, I WOULD LIKE TO REPORT THAT GOVERNOR BIERS IS LIKELY TO BE RELEASED FROM UNC HEALTHCARE TOMORROW.

I KNOW YOU HAVE BEEN PRAYING FOR HIM.

HE HAS BEEN A SICK INDIVIDUAL.

I WOULD LIKE TO THANK DR. BURKES FOR UNC EFFORTS TO HELP PHILLIP GET BACK WITH US.

HE ASSURES ME HE WILL BE BACK.

I TOLD HIM WE'LL GIVE HIM AN EXCUSED ABSENCE TODAY.

MR. PRESIDENT, I CALL ON YOU FOR YOUR REPORT.

>> THANK YOU, MR. CHAIRMAN.

AFTER THREE DAYS OF MEETINGS AND FESTIVITIES, I KNOW NO ONE IS LOOKING FOR A LENGTHY REPORT.

I PROMISE TO BE SUCCINCT.

THE NEWS OF THE PAST COUPLE OF DAYS HAS BEEN SO GOOD I FEEL THE NEED TO SHARE.

I THINK IT WILL SET US ON A COURSE FOR SUCCESS AS WE START THE NEXT 50 YEAR OF THIS GREAT UNIVERSITY.

THE STATE BUDGET PASSING THIS WEEK AND SOON ON THE WAY TO THE GOVERNOR IS A REMARKABLE START ON A NEW ERA IN WHICH WE'LL LIFT UP FACULTY, STAFF, BROADEN REACH, REVAMP CAMPUS FACILITIES AND MAKE EDUCATION AFFORDABLE TO NORTH CAROLINIANS.

I WANT TO COMPLIMENT SO MANY PEOPLE ON THIS STARTING WITH THE TEAM BACK AT THE RANCH, BART, AUSTIN, ERIC, THE FINANCE TEAM THAT SUPPORTED THEM, THE CAMPUSES, CHANCELLORS HAVE DONE GREAT WORK ON THIS, BUT ESPECIALLY THE BOARD OF GOVERNORS.

MADAM MR. CHAIRMAN, WE SPENT TIN RALEIGH.

SOME ENJOYABLE BUT ALL PRODUCTIVE.

WE ARE GRATEFUL TO ALL OF OUR ELECTED LEADERS FOR RECOGNIZING THE VALUE OF PUBLIC EDUCATION WITH THIS TREMENDOUS BUDGET.

I MIGHT ASK IF YOU WILL PAY ATTENTION TO THE SCREEN BEHIND US.

WE ARE GOING TO CHANGE IT OUT.

OKAY.

A LOT OF GREEN CHECKMARKS ON HERE.

THERE IS MORE DETAILED INFORMATION IN YOUR FOLDERS.

IT IS VERY DETAILED.

I KNOW THE BUDGET AND FINANCE COMMITTEE WILL BE TAKING UP A LOT OF THE ALLOCATION WORK IN GREAT DETAIL.

I WANT YOU TO HAVE THAT INFORMATION IN YOUR FOLDERS.

YOU WILL SEE, OF COURSE, ALL OF YOUR BUDGET PRIORITIES AND MORE WERE MET WITH THIS BUDGET.

FIRST, WE ARE ABLE TO PROVIDE OUR HARD WORKING EMPLOYEES, FACULTY AND STAFF WITH RAISES, 5% DURING THE NEXT TWO YEARS.

PLUS A BONE IS.

BONUS.

THIS IS NECESSARY TO HOLD ON TO VALUED EMPLOYEES DURING A COMPETITIVE JOB MARKET.

YOU HEARD CHANCELLOR WOODSON SPEAKING ABOUT THIS YESTERDAY.

FACULTY AND STAFF HAVE BEEN THROUGH A DIFFICULT TIME OVER THE PAST 20 MONTHS.

THEY HAVE BEEN THERE FOR OUR STUDENTS DAY AFTER DAY.

WE WILL RECEIVE SOME $70 MILLION TO FULLY FUND ENROLLMENT GROWTH PLUS THE BUILDING RESERVES OF $29 MILLION REQUESTED.

WE'LL SEE AN EXPANSION OF NC PROMISE TO A FOURTH CAMPUS.

CHANCELLOR ALLISON, THAT IS A RECOGNITION OF YOUR LEADERSHIP.

CONGRATULATIONS.

THAT'S GOING TO BRING $500 A SEMESTER TUITION TO THOUSANDS MORE STUDENTS IN THIS STATE.

IT'S A BIG STEP FORWARD FOR OUR GOALS OF AFFORDABILITY AND ACCESSIBILITY, AND WE COULDN'T BE MORE PLEASED.

YOU HAVE -- WE HAVE ALL BEEN HAVING THIS CONVERSATION FOR MONTHS ABOUT THE NEED TO SERVE MORE ADULT LEARNERS.

ADULT LEARNERS, VETERANS, YOU SAID SERVED POPULATIONS.

WE HAVE A MILLION PEOPLE IN THE STATE WITH SOME COLLEGE AND NO DEGREE.

WE THINK IT'S OUR DUTY TO SERVE THE STUDENTS WITH A NEW CAREER WITH AN INITIATIVE CALLED KITTY HAWK WE HAVE A ROBUST QUALITY ONLINE PROGRAM TO MEET THE NEEDS OF WORKING ADULTS.

WE HAVE LEARNED A LOT IN THE PAST TWO YEARS OF ONLINE DELIVERY OF EDUCATION, READY TO PUT THAT TO WORK AND TAKE IT TO A DIFFERENT LEVEL.

THIS INVESTMENT WILL BE A GAME CHANGER FOR US AND NORTH CAROLINIANS IN THE FUTURE.

IT'S NOT GOING TO HAPPEN OVERNIGHT.

IT TAKES TIME TO BUILD AND GROW BUT IT SHOWS THE VISION OF OUR ELECTED OFFICIALS, A VISION BIG AND BOLD AND NECESSARY TO MEET NORTH CAROLINA NEEDS.

WE HAVE THE BIGGEST HIGHER EDUCATION FACILITY BOND REFERENDUM SINCE 2,000, MORE THAN $2 BILLION FOR NEW FACILITIES AND NEW CONSTRUCTION, $2 BILLION INVEST.

THIS WILL MAKE A LARGE DENT IN OUR DEFERRED MAINTENANCE IN OUR CAMPUSES PROTECTING THE STATE'S TREASURED ASSET AND BRINGING OUR BUILDINGS UP TO A CONDITION STUDENTS NEED AND DESERVE FOR EDUCATION IN THE 21ST CENTURY.

I KNOW OUR CHANCELLORS JOIN ME IN THANKING OUR ELECTED LEADERS FOR THE INFUSION OF CAPITAL.

[APPLAUSE] >> MR. CHAIRMAN, IT'S A LOT OF GREEN CHECKMARKS ON THE BOARD.

A LOT OF GREEN CHECKMARKS ON THE BOARD.

IT'S A COLLECTIVE TEAM EFFORT AND I'M GRATEFUL TO SO MANY FOR THIS.

AS WE HEAD TO THE THANKSGIVING SEASON, I HAVE GRATITUDE, OF COURSE, FOR ALL OF OUR UNIVERSITIES, ALL OF YOU WHO ARE IN SUPPORT OF THE MISSION AND ON A PERSONAL NOTE, I'M THANKFUL TO ALL WHO HELPED US CELEBRATE THE 50TH YEAR ANNIVERSARY AND AM TOUCHED AND HONORED BY THE INAUGURATION.

I WANT YOU TO KNOW, PRESENTED WITH THIS TIE BY OUR GOOD FRIENDS N.C. STATE AND SCHOOL OF THE ARTS.

MR. CHAIRMAN, I THINK IT'S CONSISTENT WITH OUR EFFORTS TO BE MORE EFFICIENT.

I HAVE 17 DIFFERENT TIES.

TRY TO VISIT THE CAMPUSES AND SHOW SUPPORT, BUT NOW I CAN DO IT IN ONE TIE.

THE TIE BUDGET WILL BE SIGNIFICANTLY REDUCED.

MR. CHAIRMAN, THANK YOU SO MUCH.

THANK YOU, EVERYONE.

>> THANK YOU, MR. PRESIDENT.

GREAT REPORT.

I'M GLAD YOU ARE DOWN TO ONE TIE NOW.

I THINK THAT'S POSITIVE.

IT SHOWS THE EFFICIENCY WE ARE BRINGING.

JUST A MOMENT OF PERSONAL -- COMMENT, I REALLY APPRECIATE THE WORK EVERYBODY DID ON THE BUDGET.

PRESIDENT HANS, IT'S A TEST OF LEADERSHIP AND PEOPLE IN THE ROOM, CHANCELLORS, BOARD MEMBERS AND YOU.

THIS IS A HISTORIC DAY FOR OUR UNIVERSITY.

WE'LL NOW CONSIDER ITEMS ON THE CONSENT AGENDA LIST.

ARE THERE ANY ITEMS BOARD REMEMBERS WISH TO HAVE REMOVED FOR DISCUSSION?

HEARING NONE, I WOULD ENTERTAIN A MOTION TO APPROVE THE CONSENT AGENDA.

>> SO MOVED.

>> SECOND?

>> SECOND.

>> WE HAVE PROPERLY SECONDED MOTION.

ANY DISCUSSION OR DEBATE?

HEARING NONE, ALL OF THOSE IN FAVOR?

>> AYE.

>> OPPOSED?

>> THANK YOU VERY MUCH, THE MOTION CARRIES.

I CALL ON GOVERNOR HOLMES TO REPORT ON BUDGET AND FINANCE.

>> MEMBERS OF THE BOARD, DURING THE REGULARLY SCHEDULED MEETING YESTERDAY, WE RECEIVED PHYSICAL YEAR 2019 FACILITY'S INVENTORY STUDY DETAILING INFORMATION ON SPACE UTILIZATION AND PHYSICAL BUILDING CHARACTERISTICS AT EACH INSTITUTION.

THIS IS A SELF-REPORTED DATA FOR THE UNC SYSTEM TO MEASURE CAPACITY, USE AND CONDITION OF BUILDINGS.

AN ADDITIONAL INFORMATION ON THE GENERAL FUND EXPENDITURES FIRST QUARTER FISCAL YEAR 22 AND THROUGH SEPTEMBER 30, 2021.

IF YOU HAVE NOT TAKEN A LOOK AT THIS REPORT, PLEASE DO SO.

THE RESULTS ARE TELLING, AND I THINK IT'S CLEAR WE NEED TO FIX WHAT WE HAVE AND USE WHAT WE HAVE MORE EFFICIENTLY.

THAT'S CERTAINLY GOING TO BE A FOCUS OF THE COMMITTEE AS WE MOVE FORWARD.

AS WE KNOW, GENERAL ASSEMBLY RELEASED 21-23 CONFERENCE BUDGET MONDAY.

WE ANTICIPATE THIS TO BE ENACTED INTO LAW BEFORE THE BOARD MEETS AGAIN.

ON BEHALF OF THE COMMITTEE OF BUDGET AND FINANCES, I MOVE TO ALLOCATE FUNDS MADE AVAILABLE BY THE GENERAL ASSEMBLY IF THE STATE BUDGET IS RATIFIED PRIOR TO THE NECKS BOARD MEETING.

THE ENTIRE BOARD MEETING WOULD BE INVITED TO PARTICIPATE IN PERSON OR VIA ZOOM.

>> YOU HAVE HEARD A MOTION, DISCUSSION OR DEBATE?

HEARING NONE, ALL IN FAVOR?

>> AYE.

>> OPPOSED?

MOTION CARRIES.

>> GOVERNOR HOLMES, THANK YOU.

>> MISS HAYGOOD PRESENTED AMENDMENTS ONE FOR THE ALL FUND BUDGET REQUIREMENT IN THE UNC POLICY MANUAL AND DELEGATES APPROVAL TO THE BOARD OF TRUSTEES.

THE COMMITTEE APPROVED THE AMENDMENTS.

THE POLICY WILL BE BROUGHT TO THE FULL BOARD FOR A VOTE JANUARY '22 MEETING.

YOU WILL SEE US TRY TO PUSH AUTHORITIES TO THE BOARD OF TRUSTEES.

I THINK THIS WEEK'S MEETING WAS TIMELY.

IT WAS REINFORCED THAT THEY HAVE AN INCREASING RESPONSIBILITY.

WE LOOK TO THE BOARD TO EXERCISE THEIR FIDUCIARY RESPONSIBILITY IN GREATER CAPACITY OVER TIME.

MISS MURPHY PROVIDED AN UPDATE OF THE TASKFORCE ON PRICING FLEXIBILITY OCTOBER 13TH MEETING WHICH CONTINUED FOCUS ON THE TOTAL COST OF ATTENDANCE AT UNC INSTITUTIONS.

THE TASKFORCE APPROVED TWO REMEMBERSES WHICH THE COMMITTEE APPROVED.

FIRST THE TASKFORCE RECOMMENDED TO THE COMMITTEE THAT THE PRESIDENT ESTABLISHES A COMMON METHODOLOGY FOR ESTIMATING COST OF ATTENDANCE.

THE SURVEY SHOWED A SIMILAR EFFORT IN 2010.

IT IS UNCLEAR WHAT EFFORT THE IMPACT HAD IN PART BECAUSE NONE OF THE RECOMMENDATIONS WERE CODIFIED IN UNIVERSITY POLICY OR REGULATION.

AT THIS TIME ON BEHALF OF BUDGET AND FINANCE, I MOVE THE 3W50RD BOARD OFGOVERNORS APPROVE THE RECOMMENDATION FOR THE 23-24 ACADEMIC YEAR.

>> YOU HAVE HEARD A MOTION.

NO SECOND IS REQUIRED.

DISCUSSION OR DEBATE?

HEARING NONE, ALL IN FAVOR?

>> AYE.

>> OPPOSED?

>> MOTION CARRIES, GOVERNOR HOLMES.

>> THE SECTION FEE POLICY 100.1.2 POLICY ON STUDENT FEES.

THE CAMPUS SURVEY INDICATED MOST UNIVERSITIES IN THE SYSTEM BRING HOUSING AND DINING RATES FOR APPROVAL.

THIS POLICY WOULD FORMALIZE THE PROCESS.

SINCE THE COMMITTEE'S ORIGINAL APPROVAL IN SEPTEMBER, ADDITIONAL REVISIONS ARE ADDED TO REFLECT EXISTING PRACTICE AND POLICY FOR EASE OF USE AND UNDERSTANDING.

THE COMMITTEE APPROVED THE CHANGES TO THE POLICY.

AT THIS TIME I MOVE THAT THE BOARD OF GOVERNORS APPROVED THE UNC POLICY ON STUDENT FEES.

>> YOU HAVE HEARD THE MOTION.

NO SECOND IS REQUIRED.

DISCUSSION OR DEBATE?

HEARING NONE, ALL IN FAVOR SAY AYE.

>> AYE.

>> OPPOSED?

>> THANK YOU, MOTION CARRIES GOVERNOR HOMELESS.

HOLMES.

>> THE COMMITTEE REMOVES SECTION SIX INCLUDING LANGUAGE NOW UNNECESSARY AND DUPE CATIVE.

NEXT, MISS HAYGOOD GAVE A BRIEF TUITION AND FEE ORIENTATION BY THE INSTITUTIONS FOR THE PHYSICAL 22-23 ACADEMIC YEAR TO BE SHARED WITH THE BOARD JANUARY AND PRESENTED FOR A VOTE IN FEBRUARY.

MISS HAYGOOD AND UNC WILMINGTON VICE CHAIR COMMITTEE APPROVED EXPANSION OF THE MILLENNIAL CAMPUS TO INCLUDE 18 ACRES FOR A DRAINAGE EASEMENT.

THE COMMITTEE CONSIDERED AND APPROVED THE FOLLOWING ROUTINE IN ADMINISTRATIVE TRANSACTIONAL ITEMS.

SENIOR VICE PRESIDENT CATHERINE LYNN 10 CAPITAL PROJECTS FOR APPALACHIAN STATE UNIVERSITY.

NORTH CAROLINA UNIVERSITY CHAPEL HILL, 22.23 MILLION.

IN ADDITION, SIX CAPITAL IMPROVEMENT PROJECTS AT EAST CAROLINA UNIVERSITY, ELIZABETH STATE, NORTH CAROLINA STATE, UNIVERSITY OF NORTH CAROLINA CHAPEL HILL AND PEMBROKE TOTALING $10.9 MILLION.

MISS LYNN REPORTED FOUR RENOVATION PROJECTS.

THE COMMITTEE CONSIDERED FOUR PROPERTY REQUESTS, APPALACHIAN STATE REQUESTS THE AUTHORIZATION TO DISPOSE THE PROPERTY BY THE RESIDENCE HALLS.

THE DEMOLITION OF THE TWO RESIDENCE HALLS INCLUDES 560 BEDS AND IS REQUIRED FOR CONSTRUCTION OF PHASE THREE OF THE PUBLIC PRIVATE PARTNERSHIP HOUSING PROJECT.

THE DISPOSITION OF REAL PROPERTY BY GROUND LEASE 13.7 ACRES UP FOR 99 YEARS FOR THE PURPOSE OF DEVELOPING PROPERTIES AT THE WAREHOUSE DISTRICT AND DEMOLITION OF UP TO EIGHT BUILDINGS.

NORTH CAROLINA CENTRAL UNIVERSITY DISPOSE MAIN RESIDENCE HALLS, INCLUDING APPROXIMATELY 400 BEDS REQUIRED TO SUPPORT THE CONSTRUCTION OF THE PUBLIC PRIVATE PARTNERSHIP.

UNIVERSITY OF GREENSBORO REQUIRES DISPOSING REAL PROPERTY BY GROUND LEASE OF 30 YEARS, APPROXIMATE ACRES AT THE THREE COLLEGE OBSERVATORY.

THE PROPERTY WILL BE RELEASED IN EXCHANGE FOR SERVICES INCLUDING TK-DESIGNATING THE PROPERTY AS A NATURE PRESERVE.

IN TOTAL, THE COMMITTEE DISCUSSED 13 ITEMS, SIX ON THE CONSENT AGENDA AND APPROVED A FEW MINUTES AGO.

THANK YOU, MR. CHAIRMAN.

THIS CONCLUDES THE REPORT.

>> ANY QUESTIONS OF GOVERNOR HOLMES FOR THE REPORT, FAIRLY LENGTHY REPORT.

A LOT OF WORK WAS DONE.

A REMINDER THAT WE HAVE APPROVED GOVERNOR HOLMES AND THE A COMMITTEE ON BUDGET AND FINANCE TO DISTRIBUTE THE FUNDS.

EVERYONE WILL BE INVITED TO THE MEETING WHEN IT HAPPENS.

WE ARE GOING TO WORK ON YOUR PAY TOO, GOVERNOR.

A REPORT ON PLAN AND POLICY.

GOVERNOR SLOANE?

SLOAN?

>> THANK YOU, CHAIR RAMSEY.

AT OUR MEETING YESTERDAY, THE EDUCATIONAL PLANNING COMMITTEE APPROVED FIVE ACADEMIC DEGREE PROGRAMS AND THE DISCONTINUATIONS AND SOL TKAEUGS OF THREE ACADEMIC DEGREE PROBLEMS.

THE EARLY COLLEGE RENEWAL WAS REVIEWED AND APPROVED AND SUBMITTED TO THE CONSENT AGENDA.

PROPOSED REVISIONS OF THE UNC POLICY MANUAL WERE APPROVED AND SENT TO THE FULL BOARD FOR A VOTE AT OUR NEXT MEETING.

DR. VAN NORTH PRESENTED THE FALL ENROLLMENT REPORT UPDATING TRENDS AND STATISTICS ON ENROLLMENT THROUGHOUT THE SYSTEM.

PER SECTION 700.1.3 OF THE UNC POLICY MANUAL, THE COMMITTEE RECOMMENDED THAT THE BOARD OFFICIALLY NOTIFY ELIZABETH CITY STATE UNIVERSITY, NORTH CAROLINA A & T, NORTH CAROLINA WILMINGTON AND WESTERN NORTH CAROLINA UNIVERSITY THAT THEY EXCEEDED THEIR CAP AND IF THEY DO SO FALL OF 2022, THEY'LL BE ASSESSED A FINANCIAL PENALTY IN ACCORDANCE WITH THE POLICY.

THE RECOMMENDATION APPROVED THROUGH THE FULL BOARD THROUGH THE CONSENT TKPAEPBD DA.

AGENDA.

THAT CONCLUDES MY REPORT.

WE HAVE ONE ITEM FOR VOTE IN THE CLOSED SESSION.

DR. TIMOTHY IVES WILL PRESENT AN UPDATE ON FACULTY ASSEMBLY.

>> THANK YOU, GOVERNOR SLOAN.

>> GOOD MORNING, EVERYONE.

I'M NOT USED TO SITTING IN FRONT OF A PODIUM.

FORGIVE ME ADJUSTING THINGS.

THINGS ARE QUIET ON CAMPUSES.

A LOT OF PEOPLE ARE DOING HARD WORK.

I THINK THIS YEAR IN ADDITION TO STUDENTS WHO ARE PROBABLY PACKING THEIR BAGS AS WE SPEAK FOR THANKSGIVING VACATION, I THINK YOU WILL FIND FACULTY AND STAFF ARE LOOKING FOR A LONG WEEKEND OFF TO COVER THINGS WITH THEIR OWN FAMILIES.

I DO HAVE A COMMENT FOR THE CHANCELLORS, THOUGH.

ONE IN THE SPRING SEMESTER, PLEASE CONTINUE WELLNESS DAYS.

THEY ARE GOING TO BE NEEDED AND COVID IS NOT GOING AWAY AS WE ARE WELL AWARE.

IF YOU HAVE TO BE PARENT/CHILD TO YOUR FACULTY, TELL THEM TO TAKE A REAL DAY OFF.

MANY ARE STILL WORKING ON DAYS OFF TO PLAY CATCH UP ON GRADE EXAMS OR WHAT HAVE YOU.

TELL THEM TO TAKE IT EASY ONE DAY AT LEAST TO RECONNECT WITH THEIR FAMILIES, MANY OF WHOM HAVE PROBABLY SUFFERED EFFECTS OF COVID, INCLUDING DEATHS IN THE FAMILY.

I DO ON A LIGHTER POINT WANT TO ANNOUNCE THE JOURNAL OF DIGITAL LEARNING INVASIONS.

INNOVATIONS.

I MENTIONED THIS IN THE DISTANT PAST.

LIBRARIES ARE UNDER SIEGE, CRAZY SUBSCRIPTION PRICES, COSTS FACULTY MONEY JUST TO GET SOMETHING PUBLISHED.

THE FACULTY ASSEMBLY IN WORKING WITH THE ACADEMIC AFFAIRS SYSTEM OF THE SYSTEM OFFICE HAVE BEEN PUTTING TOGETHER AN ONLINE JOURNAL.

WE ARE STARTING SMALL.

WE HAVE A NICE EDITORIAL BOARD, AND WE HAVE EDITORS.

I WANT TO HIGHLIGHT DR. CASEY FROM ELIZABETH CITY STATE UNIVERSITY.

DR. JOYCE CLAP FROM UNC GREENSBORO AND DR. MELODY GALLOWAY FROM UNC ASTRO.

WE HAVE AN EDITORIAL BOARD.

THEY START LOW AND SLOW.

THEY'LL TRY TO DO AN OPEN SOURCE JOURNAL TO GET PEOPLE TO GET THEIR PUBLICATIONS OUT THERE.

THANKSIN PARTICULAR TO THE UNC GREENSBORO LIBRARY GROUP.

THEY ARE THE PLATFORM BY WHICH WE ARE TRYING THIS OUT.

LASTLY, A COUPLE OF SHOUTOUTS.

ONE TO GOVERNOR NICHOLS WHO CAME TO THE FACULTY ASSEMBLY MEETING LAST NIGHT.

SHE STAYED AND LISTENED AND ASKED QUESTIONS.

IT WAS GREAT.

EVERYONE WAS LIKE, SHE HUNG AROUND.

SHE WAS GREAT.

THANK YOU.

TO GOVERNOR HOLTON BRINGING THE CAR MAC GROUP TO THE JANUARY FACULTY ASSEMBLY MEETING, HE IS PUTTING TOGETHER A WICKED TEAM OF FACULTY WHO HAVE AN INTEREST IN THINGS LIKE INTERNET SECURITY AND AUDITS AND ACCOUNTING.

THAT'S WHAT THE FACULTY TEACH.

THEY ARE IN THIS ADVISORY CAPACITY.

WE WELCOME YOU COME JANUARY.

I DID WANT TO TAKE ONE SECOND TO TELL A QUICK STORY, AND I'M GOING TO LEAPFROG FROM PRESIDENT HANS COMMENTS OVER THE LAST COUPLE OF DAYS, BUT I WANTED TO PUT A HUMAN FACE TO ALL OF THE INITIATIVES WE HAVE HEARD ABOUT.

YOU ARE GOING TO SEE ACTIVATED SOON.

ABOUT SIX WEEKS AGO, A COLLEAGUE, FRIEND, FELLOW PARISHIONER AT A CHURCH WEST OF THE PRESIDENT'S HOUSE ON FRANKLIN STREET IN CHAPEL HILL PASSED AWAY.

AT THE MEMORIAL SERVICE FOR HIM -- THE CHURCH WAS PACKED, AND THERE WAS ACCOLADES AND EULOGIES ALIKE.

THERE WAS ONE THING IN HIS OBITUARY.

IT FELT LIKE CARL WROTE THIS HIMSELF.

HE HAD A STATEMENT AND HE WOULD SAY IT TO ALL OF THE LEARNERS HE CAME INTO CONTACT WITH.

I SEE EVERY DAY HOW MY LIFE WAS CHANGED BY ATTENDING THE UNIVERSITY.

NOW, IN THIS CONTEXT, IT'S THE UNIVERSITY OF NORTH CAROLINA CHAPEL HILL, BUT IT COULD BE ANY OF THE 17 CAMPUSES THAT FIT IT.

HE WAS A GUY WHO GAVE FAR MORE TO HIS COMMUNITY.

HE CAME FROM THE NORTHEASTERN PART OF THE STATE.

CHANCELLOR DIXON, THIS IS YOUR NECK OF THE WOODS.

HE HAD HIS OWN PRIVATE PRACTICE.

HE WAS ON THE HERFORD COUNTY SCHOOL BOARD, A MEMBER OF HIS CHURCH, ON THE HOSPITAL BOARD.

HE STARTED A NEW CLINIC FOR WELLNESS TO TAKE CARE OF THE UNDERSERVED.

I COULD GO ON AND ON.

IT'S TIRING READING THESE THINGS.

AS CHAPEL HILL HE WAS PART OF THE BOARD OF VISITORS, THE GENERAL ALUMNI ASSOCIATION BOARD OF DIRECTORS.

HE WAS ON THE ADVISORY BOARD FOR THE CAROLINA CENTER FOR PUBLIC SERVICE.

HE GAVE FAR MORE BACK.

EVERYBODY LEFT THAT MEETING -- THAT SERVICE VERY HAPPY, FEELING GOOD ABOUT HIM.

ABOUT FOUR OR FIVE DAYS LATER I GOT A PHONE CALL FROM A COLLEAGUE OF MINE AT MISSION HOSPITAL IN ASHEVILLE.

GET READY, CHANCELLOR.

I'M COMING AFTER YOU NEXT WITH THE STORY.

SHE SAID, TIM, I HAVE GOT THE GREATEST PERSON I WANT YOU TO TAKE A LOOK AT.

I DON'T KNOW HOW SHE FIND OUT I CHAIR THE ADMISSIONS COMMITTEE IN MY SCHOOL.

SHE SAID SHE CAME FROM A SMALL HIGH SCHOOL NORTH OF BELLEVIEW COUNTY.

THIS COLLEAGUE OF MINE DIRECTS THE RURAL HEALTH INITIATIVE AT MISSION.

SHE SAID, THIS PERSON HAS BEEN OUT OF SCHOOL FOR A COUPLE OF YEARS NOW.

SHE'S HAD TO TAKE CARE OF HER FAMILY.

THEY ARE VERY POOR.

SHE'S A LEADER IN HER COMMUNITY.

SHE'S A LEADER IN THE BLACK CHURCH.

SHE'S A WOMAN OF COLOR.

SHE HAS DONE EVERYTHING RIGHT.

THEN SHE STARTS TICKING THEM OFF.

SHE'S A VOLUNTEER AT MISSION.

SHE IS A COVID VACCINATOR.

SHE IS REALLY SETTING UP NEW HEALTH INITIATIVES.

SHE WANTS TO BE A PHARMACIST.

SHE WANTS TO SET UP A CLINIC AT NORTHERN BUNK HAM OR WHATEVER THE NEXT COUNTY IS ABOVE IT.

SHE HASN'T GOT MUCH MONEY.

SHE'S WORKING AS A PHARMACY TECHNICIAN TO KEEP HER FAMILY AFLOAT.

SHE'S A FIRST RESPONDER FOR MS IN NORTHERN BUNK HAM COUNTY, BUT SHE'S GETTING BAD ADVICE.

THIS IS THE HUMAN ELEMENT I WANT EVERYONE TO TAKE HOME.

WHEN SHE WAS GETTING OUT OF HIGH SCHOOL, SHE SAID I WANT TO GO TO UNC ASHEVILLE.

I WANT TO GET MY BACCALAUREATE DEGREE, PRE-RECS, CHAPEL HILL AND GET MY DOCTORATE DEGREE.

I SAID, YOU CAN'T DO THAT.

YOU CAN'T GET INTO ASHEVILLE.

THAT'S A ROUGH SCHOOL.

STAYING IN THERE, YOU WON'T BE ABLE TO MAKE IT.

I'M TRYING TO FIGURE OUT WHO THE IDIOT IS THAT WAS TELLING HER THESE THINGS.

THEN SHE SAID, I'M GOING TO CHAPEL HILL TOO.

YOU CAN'T GET INTO CHU CHAPEL H. WE HAVE THE NUMBER ONE PHARMACY SCHOOL ON THE PLANET, YOU CAN'T GET IN THERE.

SHE GRADUATES COME MAY WHILE WORKING WITH A 3.1 AVERAGE.

I THINK YOU KNOW WHERE I'M TAKING THE STORY QUICKLY.

CHAPEL HILL.

A COLLEAGUE SAYS, YOU NEED TO TAKE A LOOK AT HER.

SHE IS A GREAT ADVOCATE, GREAT MENTOR AND INTO RURAL HEALTH.

WE INTERIORED HER A WEEK OR TWO.

SHE KNOCKED IT OUT -- WE USE MMIS IN THE INTERVIEW PROCESS.

SHE WAS GREAT.

LAST WEEK, I'M CHAIR OF THE COMMITTEE.

I GET TO CALL THE PEOPLE AND SAY WELCOME TO THE PROGRAM.

SEE YOU IN THE FALL OF '22.

I HAVE BAD HEARING.

MY HEARING GOT WORSE AFTER ALL OF THE SCREAMS AND YELLS.

IT WASN'T JUST HER, IT WAS HER FAMILY THERE THAT HEARD THE MESSAGE.

I CALLED MY COLLEAGUE BACK AND SAID, YOU ARE HER MENTOR.

THANK YOU.

BE A MENTOR FOR MORE.

OF COURSE, SHE STARTED SCREAMING IN MY EAR.

I THOUGHT I'LL NEVER HEAR ANYMORE.

THE POINT IS, WHAT I WANT YOU TO DO, EACH AND EVERY PERSON IN THE ROOM CAN BE A MENTOR.

WE HAVE GREAT PROGRAMS.

NOW WE NEED TO ADD THE HUMAN ELEMENT TO THEM.

YOU MAY BE GOING TO THE FOOD LINE TO PICK UP SOMETHING FOR SUPPER.

YOU WILL SEE SOMEBODY.

I EMBARRASS MY WIFE ALL THE TIME BY SAYING, YOU ARE GETTING READY TO GO TO COLLEGE.

WE MAY BE IN A RESTAURANT SOMEWHERE.

TELL ME WHERE YOU ARE GOING, WHAT YOU ARE GOING TO GET INTO?

BE THAT MENTOR.

THE PROGRAMS ARE GREAT.

WE HAVE TO KEEP OPENING THE DOOR.

CARL IN THE NORTHEASTERN PART OF THE STATE, NOW ANNIE -- NOT HER REAL NAME, BUT THEY'LL HAVE A JOYFUL, HAPPY THANKSGIVING.

THAT'S MY WISH FOR ALL OF YOU AS WELL.

ENJOY IT.

WE HAVE A LOT OF WORK TO DO.

WE HAVE A LOT OF THANKFUL PEOPLE OUT THERE THAT WILL BE JOINING US COME AUGUST OR ANYTIME.

THANK YOU.

>> THANK YOU, DR. IVES.

WE APPRECIATE YOUR PARTNERSHIP AND ALL YOU DO IN YOUR SPARE TIME.

I WOULD LIKE TO CALL ON GOVERNOR HOLTEN FOR THE REPORT ON COMMITTEE ON AUDIT RISK MANAGEMENT AND COMPLIANCE.

>> GOOD MORNING.

THANK YOU, CHAIR RAM LEHIGH RAM.

MEMBERS OF THE BOARD OF GOVERNORS, THE COMMITTEE ON RISK MANAGEMENT AND COMPLIANCE MET TUESDAY NOVEMBER 9TH WITH ONE ITEM FOR APPROVAL AND A NUMBER OF INFORMATIONAL ITEMS.

FIRST WITH RESPECT TO AUDIT OVER SIGHT FUNCTION.

NORTH CAROLINA LAW REQUIRES EACH INSTITUTION TO ESTABLISH A PROGRAM OF INTERNAL AUDITING.

OVER SIGHT OF THE AUDIT FUNCTION IS ONE OF THE PRINCIPAL DUTIES OF THE CAR MAC.

WE ARE RESPONSIBLE FOR A SUMMARY OF ACTIVITIES OVER SEEN BY THE AUDIT COMMITTEE OF EACH CONSTITUENT BOARD OF TRUSTEES.

IN ADDITION, WE REVIEW THE SUMMARY OF THE PLAN SUBMITTED BY EACH INSTITUTION AS WELL AS UNC SYSTEM OFFICE.

AT OUR MEETING, LYNN SANDALLERS PROVIDED A SUMMARY OF INTERNAL AUDIT ACTIVITIES FOR THE 2021 FISCAL YEAR.

DESPITE THE CHANGING AND CHALLENGING WORK ENVIRONMENT DUE TO COVID, THE INTERNAL AUDIT DEPARTMENTS IN THE UNC SYSTEM PRODUCED 211 REPORTS, M MEMORANA AND CORRESPOND ANSWER YIELDING 195 AUDIT RECOMMENDATIONS.

OTHER WORK BY THE AUDIT PROFESSIONALS INCLUDED COMMITTEE WORK, ENHANCING USE OF DATA ANALYTICS AND RESPONDING TO COVID 19 ISSUES BY ADVISORY TEAMS.

THIS REPORT WAS A VIVID ILLUSTRATION OF THE DEPTH AND BREADTH OF THE WORK OF THE AUDIT PROFESSIONALS THROUGHOUT OUR UNIVERSITY SYSTEM.

NEXT, LYNN SUMMARIZED THE SYSTEM WIDE AUDIT PLANS FOR THE 2022 FISCAL YEAR.

PROJECTS ON THE INDIVIDUAL PLANS RESPOND TO SPECIFIC INSTITUTIONAL RISKS.

A FEW COMMON AREAS WHERE MULTIPLE INSTITUTIONS INCLUDE INFORMATION TECHNOLOGY AND SECURITY REVIEWS, FEDERAL COVID FUNDING, TITLE 9 AND PROTECTION OF M MINORS ON CAMPUS.

THIS WAS APPROVED BY THE BOARD THIS MORNING VIA THE CONSENT AGENDA.

NEXT, LYNN UPDATED THE COMMITTEE ON THE STATUS OF RECENTLY ENACTED POLICY ON INSURANCE WHICH THE BOARD APPROVED IN 2020.

THE UNC SYSTEM STAFF AND INSTITUTIONS SIGNIFICANT PROGRESS HAS BEEN MADE TO EVALKUWAIT CURRENT PROPERTY OF THE INSTITUTIONS AND ADJUST PROPERTY EVALUATIONS AS NEEDED.

I'M PLEASED TO REPORT THAT ALL INSTITUTIONS NOW HAVE THE REQUIRED MINIMUM INSURANCE COVERAGE AND THE EXCEPTIONS PROVISION IN THE POLICY IS WORK AS INTENDED.

NEXT, THE COMMITTEE RECEIVED AN ANNUAL AUDIT SUMMARY OF MAJOR ASSOCIATED ENTITIES FOR THE UNIVERSITY.

AS A REMINDER, ASSOCIATED ENTITIES ARE PRIVATE ORGANIZATIONS SUCH AS FOUNDATIONS, ASSOCIATIONS, CORPORATIONS, LLCS AND OTHER NONPROFITS THAT SUPPORT THE CONSTITUENT INSTITUTIONS AND OTHER UNITS OF THE UNIVERSITY.

A MAJOR ENTITY IS DEFINED AS ONE WITH ANNUAL EXPENDITURES OF $100,000 OR MORE.

ACROSS 88 ASSOCIATED ENTITIES, FISCAL YEAR ENDING JUNE, FOUR, INSTITUTIONS FOLLOW UP ON THE FINDINGS REPORTED AND VERIFY SATISFACTORY PROGRESS IS MADE TOWARD THE CORRECTIVE ACTION.

NEXT, WE MOVE TO ENTERPRISE RISK MANAGEMENT.

SINCE 2016, THE SYSTEM OFFICE IN EACH INSTITUTION HAS BEEN DEVELOPING AND EVOLVING THE ERN PROGRAM.

EACH OF THE 17 INSTITUTIONS WORK DILIGENTLY TO IDENTIFY AND AGREE ON ENTERPRISE RISKS THAT MAKE A DIFFERENCE.

BY HAVING THIS PROCESS AND GOING THROUGH THE COLLABORATION, WE ARE ABLE TO MAKE DELIBERATE DECISIONS ABOUT HOW BEST TO MANAGE RISK INCLUDING EARLY INTERVENTION WHERE POSSIBLY INAPPROPRIATE.

THERE IS A COMMON THEME ACROSS CAMPUSES REGARDING MAJOR ENTERPRISE RISKS.

THE TOP ARE I.T.

GOVERNANCE, DATA SECURITY, TALENT MANAGEMENT, FINANCIAL STABILITY, FUNDING MODEL, ENROLLMENT, CAMPUS SAFETY AND SECURITY AND COMPLIANCE REQUIREMENTS.

NEXT, THE COMMITTEE TURNED TO INFORMATION SECURITY.

WE WERE JOINED BY THE CHIEF INFORMATION OFFICER FROM UNC CHAPEL HILL, MIKE BARKER AND SECURITY OFFICER FROM WESTERN CAROLINA, MIKE MACKENZIE.

THE CIO COUNCIL ADVICES THE SYSTEM OFFICE KEITH WARNER ON A MYRIAD OF TOPICS INCLUDING THOUGHT LEADERSHIP AND TECHNICAL DIRECTION.

THE SECURITY COUNCIL GUIDES ON MATTERS RELATED TO INFORMATION SECURITY AND ASSISTS WITH COMMON APPROACHES TO SECURITY CHALLENGES ACROSS THE UNC SYSTEM AND FOCUSES ON INFORMATION SHARING AMONG THE STAOUPGSS.

INSTITUTIONS.

AFTER THE INTRODUCTIONS, THE COMMITTEE IS JOINED BY A GUEST SPEAKER FOR A BROADER OVER VIEW OF HIGHER EDUCATION.

JOANNE IS A PRACTICE LEADER WITH VANTAGE CONSULTING, I.T.

GOVERNANCE, PROVIDING MEANINGFUL INSIGHT ON THE CURRENT STATE OF AFFAIRS AND MEANINGFUL SECURITY HIGHER EDUCATION BROADLY AND GENERALLY, SHARING THE ESSENTIAL SECURITY PROGRAM ELEMENTS REQUIRED FOR SUCCESS.

SHE HAD THE OPPORTUNITY TO REVIEW THE SEVEN INITIATIVES THAT THE CAR MAC, INFORMATION TECHNOLOGY BROUGHT TO THE CAR MAC THIS YEAR AND WAS APPROVED AND SPOKE FAVORABLY THAT THE SEVEN INITIATIVES ALIGN CLOSELY WITH HER PROGRAM ELEMENTS FOR A SUCCESSFUL SECURITY APPROACH.

THANK YOU, CHAIR RAMSEY.

THAT CONCLUDES MY REPORT.

>> HOLTON -- ANY QUESTIONS FOR GOVERNOR HOLTON?

VERY GOOD.

WE APPRECIATE THE WORK YOU ARE DOING.

I WANT TO NOW RECOGNIZE GOVERNOR COWARD FOR A REPORT ON STRATEGIC INITIATIVES.

SHE IS PROBABLY NOT EXCITED ABOUT THE NEWS WE HAVE HAD THIS WEEK.

I LOOK FORWARD TO HEARING IT.

>> HERE IS THE DREAM TEAM HERE.

>> THANK YOU, CHAIRMAN RAMSEY.

YESTERDAY THERE WAS A BRIEFING ON THE DIGITAL LEARNING INITIATIVE PROJECT KITTY HAWK WHICH WAS INCLUDED IN THE BUDGET RELEASED EARLIER THIS WEEK.

AS WE DISCUSSED IN PREVIOUS MEETINGS, THE HIGHER EDUCATION MARKET IS CHANGING IN WAYS TO PUT A PREMIUM ON UNIVERSITY'S ABILITY TO ADAPT TO THE NEEDS OF WORKING ADULTS AND TO MEET NEW DEMANDS FROM EMPLOYERS.

DATA INDICATES, WHICH YOU HAVE HEARD THAT A MILLION NORTH CAROLINIANS OVER THE AGE OF 25 STARTED COLLEGE BUT DID NOT COMPLETE A DEGREE.

WITH SOME EXEMPTIONS, OUR SYSTEM IS NOT TYPICALLY FOCUSED ON SERVING WORKING ADULTS BUT MANY BENEFIT FROM A HIGH QUALITY EDUCATION UNIVERSITIES PROVIDE.

THE BUDGET INCLUDES AN UNPRECEDENTED ONE TIME INVESTMENT OF 97,000,000 TO BUILD AN EDUCATION, TECHNOLOGY NONPROFIT THAT WILL SUPPORT UNIVERSITY EFFORTS TO DEVELOP, MARKET AND PROVIDE ONLINE DEGREE PROGRAMS TO WORKING ADULTS.

THE COMMITTEE WAS JOINED BY TARA CRUISE, CEO OF REUP EDUCATION AND WILL, WHO IS THE DIRECTOR OF EDUCATION TO WORKFORCE AT AMAZON WEB SERVICES.

THEY PROVIDED AN OVERVIEW OF THE CHALLENGES FACING WORKING ADULTS AND THE CORE SERVICES THAT PROJECT KITTY HAWK WILL PROVIDE.

THOSE SERVICES INCLUDE WORKING WITH FACULTY AND STAFF AT THE PARTNER UNIVERSITY TO DESIGN DEGREE PROGRAMS, ACCESS TO THE LATEST DIGITAL LEARNING TECHNOLOGY, MARKETING, RECRUITMENT AND ENROLLMENT MANAGEMENT AND STUDENT SUCCESS COACHING.

INSTITUTIONS THAT CHOOSE TO PARTNER WITH KITTY HAWK WILL RECEIVE THE SUPPORTS IN EXCHANGE FOR A SHARE OF THE TUITION REVENUE GENERATED BY THE DEGREE PROGRAMS DEVELOPED THROUGH THE PARTNERSHIP.

THE PARTNER UNIVERSITIES WILL PROVIDE INSTRUCTION, ASSESS STUDENT LEARNING OUTCOMES AND AWARD DEGREES.

THE OBJECTIVE OF PROJECT KITTY HAWK IS TO ENABLE UNIVERSITIES TO SERVE NEW MARKETS WITH PROGRAMS DESIGNED FOR WORKFORCE NEEDS.

THIS HELPS DIVERSIFY REVENUE AND INCREASE FINANCIAL FLEXIBILITY.

I WANT TO PERSONALLY THANK CHAIR RAMSEY, VICE CHAIR MURPHY, PRESIDENT HANS, THE GENERAL ASSEMBLY AND LAST BUT K NOT LEAT DR. ANDREW KELLY WHOSE TALENTS TALENTSSHEPHERDED THE PROJECT.

THERE IS MORE WORK TO DO.

I CAN'T WAIT TO SEE HOW HE PERFORMS.

THANK YOU AGAIN.

>> ANY QUESTIONS OF GOVERNOR COWARD ON HER REPORT?

I CAN'T EMPHASIZE HOW IMPORTANT THIS IS.

THIS IS GOVERNOR HANS VISION.

THIS WILL BE GROUND BREAKING FOR YEARS TO COME.

PRESIDENT HANS, I CALL ON YOU FOR A BRIEF ANNOUNCEMENT.

>> THANK YOU, MR. CHAIRMAN.

I WANTED TO CHAIR WITH MEMBERS OF THE BOARD THAT OUR VICE PRESIDENT UNIVERSITY ADVANCEMENT TIM MINER, TIM -- I SEE YOU IN THE BACK OVER THERE, HAS BEEN RECRUITED AWAY FROM US BY THE JIMMY VE FOUNDATION.

HE WILL BE THEIR NEW CHIEF OPERATING OFFICER.

TIM IS A VALUED COLLEAGUE AND GREAT FRIEND, AND I THINK -- BASICALLY, MR. CHAIRMAN, HOW I OKAYED THIS WAS ON A PROMISE, TIM, THAT YOU WOULD GET MANAGEMENT CHOPS AND COME BACK TO US IN THE SYSTEM IN A NEW LEADERSHIP CAPACITY.

I WOULD ASK MEMBERS OF THE BOARD TO JOIN ME IN A ROUND OF APPLAUSE.

[APPLAUSE] >> I CERTAINLY ECHO YOUR REMARKS, PRESIDENT HANS.

WE'LL MISS YOU, TIM, BUT WISH YOU THE BEST.

WHAT A WEEK IT'S BEEN.

I THINK WE NEED TO GO HOME AND GET REST.

IT'S BEEN A BEAUTIFUL WEEK AT NC STATE UNIVERSITY.

I WANT TO THANK DR. WOODSON AND HIS TEAM FOR HOSTING US.

IT'S GREAT TO SEE THE WORK ON CAMPUS CONTINUING ALMOST LIKE IT USED TO BE.

I WOULD LIKE TO EXTEND MY THANKS TO EVERYONE THAT PARTICIPATED IN PRESIDENT HANS INAUGURATION AND CELEBRATION OF OUR 50TH ANNIVERSARY.

MR. PRESIDENT, CONGRATULATIONS ON YOUR INAUGURATION.

IT WAS OVERDUE AND WELL DESERVED.

I WILL SAY I THOUGHT PRESIDENT HANS REMARKS WERE EXTREMELY APPROPRIATE.

I TOLD HIM AFTER HIS REMARKS, I BELIEVE 50 YEARS FROM NOW PEOPLE WILL PLAY CLIPS FROM THAT AT THE 100TH ANNIVERSARY CELEBRATION, SO IT WAS A PRIVILEGE FOR ME TO BE PART OF THAT AT ALL.

WE HAVE BEEN CAUGHT UP IN THE WORK OF THE PANDEMIC, I ALMOST FORGOT WHAT IT WAS LIKE TO GATHER FOR A CELEBRATION.

IT'S A PRIVILEGE I DON'T TAKE FOR GRANTED ANYMORE.

WE GATHER, REFLECT ON THE MISSION OF THE GREAT UNIVERSITY.

LAST NIGHT SOMEONE TOLD ME THEY FORGOT HOW GOOD IT FELT TO BE AROUND PEOPLE.

I CAN'T HELP BUT ECHO THAT FEELING.

I ENJOY IT.

I WOULD LIKE TO THANK ALL OF THE STUDENTS THAT WE HAVE SEEN.

THE ENTERTAINMENT WE SAW WAS UNBELIEVABLE.

FROM THE COLUM DRUM LINES TO BLS MUSIC TO AMERICA'S GOT TALENT YOUNG MEN.

I KNOW YOU ENJOYED IT.

IT HELPS US RECOGNIZE WHY WE ARE HERE.

WE ARE HERE FOR THE STUNTS.

STUDENTS.THEY ARE TALENTED FOLK.

WE ARE CELEBRATING THE HISTORY OF OUR 16 UNIVERSITIES.

WITH THAT HISTORY IN MIND, I WOULD LIKE TO MENTION UNC PEPL BROOM OPENING WITH 15 STUDENTS IN 1888 AND HAS GROWN TO 8200 STUDENTS FROM DIVERSE BACKGROUNDS, PROVIDING THE MOST AFFORDABLE TUITION IN THE NATION.

MANY THANKS TO CHANCELLOR AND STAFF.

YOU DO A GREAT JOB FOR NORTH CAROLINA.

[APPLAUSE] BEFORE I GET FURTHER INTO MY REMARKS, I WANT TO ADDRESS HOUSEKEEPING ITEMS.

I KNOW THE NEXT ITEM WILL DISAPPOINT EVERYONE, BUT WE ARE NOT PLANNING A BOARD MEETING IN DECEMBER.

I NOTICE A DOWNER FOR THOSE THAT LOVE TO WORK THROUGH THE HOLIDAYS.

INSTEAD, I HOPE YOU WILL SPEND TIME RESTING WITH YOUR FAMILY AND CELEBRATING.

SECOND, WE ARE PLEASED TO SEE THE HOUSE AND SENATE REACH AN AGREEMENT ON STATE BUDGET AND ARE THRILLED GOVERNOR COOPER WILL SIGN THAT.

I'M PERSONALLY GRATEFUL FOR THE SUPPORT OF PUBLIC HIGHER EDUCATION GENERAL ASSEMBLY CONTINUES TO SHOW EVERY YEAR.

I WOULD OFFER CONGRATULATIONS TO CHANCELLOR ALLISON AND STATE UNIVERSITY AS WE ADD FSU TO NC PROMISE SCHOOLS.

NEXT YEAR FSU WILL OFFER $500 PER SEMESTER TUITION MAKING IT AFFORDABLE AT ANOTHER HISTORICALLY BLACK COLLEGE.

GOVERNOR ALLISON -- [APPLAUSE] >> I DO THINK IT'S A TESTAMENT TO YOUR LEADERSHIP, GOVERNOR ALLISON AND EVERYONE IN THE ROOM.

THEY HAVE SHOWN IT WORKS, EDUCATING PEOPLE THAT WOULD NEVER HAVE HAD THE OPPORTUNITY.

IT'S GREAT TO BE A PART OF.

PRESIDENT HANS, THANK YOU FOR YOUR HARD WORK.

YOU AND YOUR TEAM PUT IN AT THE STATE LEGISLATURE.

THE BUDGET IS A MONUMENTAL DOM PHREURBT.

MONUMENTAL ACCOMPLISHMENT.

ONE OF THE DELIVERABLES YOU MARKED OFF YOUR LIST, THANK YOU FOR REMAINING FOCUSED ON OUR MISSION OF TEACHING, RESEARCH AND PUBLIC SERVICE.

I THINK WE HAVE ACHIEVED A GREAT MANY THINGS OVER THE LAST 50 YEARS.

THE UNIVERSITY IS ON A STRONG COURSE FOR THE NEXT 50.

FALL COMMENCEMENTS ARE ABOUT TO BEGIN.

I ENCOURAGE EACH OF YOU TO PARTICIPATE IN THIS.

GOVERNOR POWERS REMINDS US ON OCCASION THAT HE HAS ATTENDED ALL OF THEM.

THAT'S A RECORD I CHALLENGE EACH OF YOU TO TRY TO BREAK.

IT IS REALLY REFRESHING TO GET ON CAMPUS TO SEE THE KIDS CELEBRATE.

WITH THAT, I TURN MY ATTENTION TO HONOR ONE OF THE MOST VALUED EMPLOYEES OF OR SYSTEM.

THIS PERSON SERVED UNDER ALL SEVEN UNC PRESIDENTS.

IT SEEMS FITTING SHE IS RETIRING AROUND THE TIME OF THE 50TH ANNIVERSARY SINCE SHE'S WORKED 40 OUT OF THE 50 YEARS.

THIS IS KAREN RUSSELL COMPLETING IN DECEMBER.

I WOULD LIKE TO THANK YOU FROM THE BOTTOM OF MY HEART.

I WISH YOU ALL THE BEST.

WITH THAT, I WILL TURN THIS OVER TO PRESIDENT HANS FOR REMARKS.

>> THANK YOU, MR. CHAIRMAN.

I HAVE HAD THE CHANCE TO KNOW EACH OF MY SUCCESSORS, BUT KAREN HAS TOPPED THAT WORKING WITH ALL OF THEM.

SHE ASSURES ME HER RETIREMENT IS UNRELATED TO THE INAUGURATION OF THE NEW PRESIDENT.

I HOPE THAT IS TRUE.

HAVING BEEN A LEADER IN THE UNC SYSTEM FOR 40 YEARS, SORT OF QUIET ACCOMPLISHMENTS THAT WE DISCUSSED DURING THE INAUGURATION, SHE IS THE PERSONIFICATION OF THAT.

IT REMAINS TO BE SEEN IF THE SYSTEM OFFICE WILL SURVIVE.

KAREN'S RETIREMENT.

WE WON'T HESITATE TO CALL ON HER FOR HER WISDOM AND EXPERTISE.

I KNOW YOU HAVE A RESOLUTION TO CONSIDER IN YOUR PACKETS.

I CAN'T THINK OF A COLLEAGUE MORE DESERVING OF THIS HONOR.

THANK YOU, KAREN.

>> MR. PRESIDENT, I CALL ON GOVERNOR HOLMES FOR A RESOLUTION.

>> THANK YOU, MR. CHAIRMAN.

NOT ONLY IS IT FITTING TO RECOGNIZE KAREN AROUND THE TIME OF OUR 50TH ANNIVERSARY, IT'S COME TO MY ATTENTION SHE IS QUITE A WOLFPACK FAN.

I HAVE THE PLEASURE OF PRESENTING THIS ON NORTH CAROLINA STATE'S CAMPUS.

CHAIRMAN RAMSEY AND THE PRESIDENT'S HEARTFELT THANKS FOR YOUR MANY YEARS OF SERVICE.

IF YOU WOULD JOIN ME AT THE PODIUM, I WOULD LIKE TO PRESENT YOU WITH A RESOLUTION.

[APPLAUSE] >> CONGRATULATIONS.

LET ME BRAG ON YOU FOR A MINUTE.

SO WITHOUT FURTHER ADO, I'LL READ THE RESOLUTION.

KAREN T. RUSSELL HAS SERVED AS A VALUED MEMBER OF THE FINANCE DEPARTMENT FOR 36 YEARS AND HAS SERVED THE STATE OF NORTH CAROLINA FOR 40 YEARS AND WHEREAS SHE HAS WORKED UNDER SEVEN PRESIDENTS AND 11 CHIEF FINANCIAL OFFICERS OF THE CONSOLIDATED UNC SYSTEM AND HAS REMAINED A CONSISTENT AND LOYAL YSUPPORTER OF THE UNIVERSITY AND INSTITUTIONS.

SHE HAS TIRELESSLY MANAGED THE TUITION FEE APPROVAL PROCESS PROVIDING STEADY GUIDANCE TO UNC STAFF AND HISTORY OF RELATED POLICIES AND PROCESS AND WHEREAS SHE HAS SERVED AS ADVOCATE FOR THE PROFESSORS ENDOWMENT TRUST FUND PROGRAM WHICH SHE HAS BEEN INVOLVED IN OVERSEEING AND HAS BEEN INSTRUMENTAL IN THE PREPARATION OF DECADES OF REPORTS, DOCUMENTING THE EXPANSION BUDGET REQUEST, PHYSICAL ACCOUNTABILITY AND OPERATIONAL ALLOCATIONS, SUCCESSFULLY COORDINATING INFORMATION FROM ACROSS THE SYSTEM WHILE ADDRESSING PHYSICAL POLICY CHALLENGE AND SHE HAS EARNED THE RESPECT AND TRUST OF LEADERSHIP AND STAFF ACROSS THE UNC SYSTEM AND REPRESENTED THE UNIVERSITY WITH INTEGRITY AND UNWAVERING COMMITMENT AND HAS TREATED COLLEAGUES LIKE FAMILY CELEBRATING THEIR SUCCESSES, PERSONAL AND PROFESSIONAL MOURNING LOSSES AND GOING ABOVE AND BEYOND TO SHOW SUPPORT FOR THEM AS INDIVIDUALS AND SHE HAS DEVOTED THE FULL MEASURE OF HER EFFORTS THROUGHOUT HER LONG CAREER SHARING HER UNDERSTANDING OF THE UNIVERSITY, VALUE, HISTORY AND CULTURAL WITH OTHERS AND WHEREAS SHE WILL CONCLUDE HER SERVICE TO THE UNC SYSTEM AND STATE OF NORTH CAROLINA IN DECEMBER 2021.

BE IT RESOLVED THAT THE BOARD OF GOVERNORS OF THE UNIVERSITY OF NORTH CAROLINA SYSTEM EXTENDS ITS DEEPEST GRATITUDE TO KAREN T. RUSSELL FOR HER TIRELESS SERVICE AND UNWAVERING DEDICATION AND WISH HER THE BEST IN HER WELL EARNED RETIREMENT.

BE IT RESOLVED THIS DAY, NOVEMBER 21ST.

>> I MOVE THE BOARD ACCEPT THE RESOLUTION HONORING THE TENURE.

>> YOU HAVE HEARD THE MOTION.

IS THERE DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

DO YOU DARE BE OPPOSED?

MOTION CARRIES.

CONGRATULATIONS.

[APPLAUSE] >> >> THANK YOU FOR ALL OF YOUR SERVICE.

I CAN'T IMAGINE BEING HERE 40 YEARS.

I DIDN'T MEAN THAT THE WAY IT CAME OUT.

ALL RIGHT.

I WOULD NOW ASK SECRETARY BURRIS-FLOYD TO MAKE A MOTION TO GO TO CLOSED SESSION.

>> MEMBERS OF THE BOARD OF GOVERNOR, I MOVE WE GO TO CLOSED SESSION, 131E-97143-318.11A123 AND 6 FOR THE PURPOSES STATED IN THE WRITTEN MOTION INCLUDED IN THE MEETING MATERIALS WHICH HAVE BEEN PUBLICLY MADE AVAILABLE.

>> THANK YOU, SECRETARY BURRIS-FLOYD.

DO I HAVE A SECOND?

>> SECOND.

>> DISCUSSION OR DEBATE?

>> ALL IN FAVOR SAY AYE.

>> OPPOSED?

WE'LL NOW MOVE INTO CLOSED SESSION.

>> WE ARE NOW IN OPEN SESSION.

THAT WORKS AGAIN NOW.

SEE IF WE CAN GET A FEW OF OUR BOARD MEMBERS BACK.

I'LL CALL ON GOVERNOR POWERS FOR UNIVERSITY GOVERNS OPEN SESSION.

>> THANK YOU, MR. CHAIRMAN.

BEFORE I GET TO MY REPORT, I HAVE TO DO A COUPLE OF QUICK OFF TOPIC THANK YOUS.

WE TALKED ABOUT THE BUDGET AND A LOT OF PEOPLE HAD A LOT TO DO WITH THIS.

I WANT TO THANK BART GOODSON AND ERIC NESBITT AND ALL OF THE LIAISONS AROUND THE SYSTEM.

I SAW THEM.

I KNOW THE AMOUNT OF WORK THEY PUT IN AND WI WHAT WAS GOING ON.

I WOULD LIKE EVERYONE TO GIVE THEM A ROUND OF APPLAUSE.

[APPLAUSE] >> ALSO, THIS MONTH, ONE HAPPENED AND ONE GETTING READY TO HAPPEN.

THERE HAVE BEEN TWO GREAT INSTANCES THAT SHOW WHAT KIND OF SYSTEM WE ARE AND I HOPE WE ARE GETTING BETTER AND BETTER AT BEING.

ONE OF THEM IS A BIG DEAL.

TOMORROW, AND I'M NOT GOING TO STEAL HER THUNDER.

I ASKED CHANCELLOR EDWARDS IF IT'S OKAY TO SAY THIS.

THEY'LL MAKE A ANNOUNCEMENT THAT APPALACHIAN IS GOING TO EXPAND IN OPERATIONS UNDERSERVED AROUND THE REGION, AND IN DOING SO, THEY'LL REAFFIRM COMMITMENT TO BE SCHOOL OF SCIENCE AND MATH IN THE WESTERN CAMPUS.

THAT'S A BIG DEAL.

THAT'S A BIG DEAL FOR BOTH SCHOOLS.

WE KNOW ESTABLISHING A PIPELINE FROM THAT SCHOOL TO APPALACHIAN WOULD BE A GREAT THING FOR APPALACHIAN AS WELL AS SCHOOL OF SCIENCE AND MATH.

THAT'S THE KIND OF THING WE NEED TO SEE ON BIG ITEMS.

THE OTHER THING SEEMS LIKE A SMALL ITEM.

, BUT IT'S NOT.

A COUPLE OF WEEKS AGO VIKING BASKETBALL SQUAD 16 MEMBERS, NINE OF THEM FROM "N" CAME TO RALEIGH.

FRIDAY, THEY CAME BACK TO THE TRIANGLE TO PLAY CAROLINA IN AN EXHIBITION GAME.

THAT WAS BASICALLY PRACTICE.

FOR A TELEVISION TWO PROGRAM AT ELIZABETH CITY STATE SAY THEY PLAYED THERE IS QUITE A BIG DEAL.

CHANCELLOR SAID ONE OF THE ATHLETES TEXTED HER AND THANKED HER FOR THE OPPORTUNITY.

THEY NEVER WOULD HAVE DREAMED OF PLAYING ON A STAGE LIKE THAT.

I THANKED ATHLETIC DIRECTOR CORE CORRIGAN LAST NIGHT AND PLAN TO DO THE SAME TOMORROW.

I HOPE WE SEE MORE AND MORE OF THAT THROUGHOUT THE SYSTEM.

IT WAS A BIG DEAL TO THEM.

THE COMMITTEE ON UNIVERSITY GOVERNANCE HAD BIG DEAL.

WE HAVE THREE ACTION ITEMS AND A COUPLE OF INFORMATION ITEMS.

THE BOARD OF DIRECTORS OF THE UNC HEALTHCARE MEMBERS HAS 24 MEMBERS, EIGHT EX-E FISH OWE MEMBERS AND THE CHANCELLOR AND THE UNIVERSITY OF NORTH CAROLINA CHAPEL HILL.

16 MEMBERS OF THE BOARD ARE AT LARGE AND 12 ARE APPOINTED BY THE BOARD OF GOVERNORS IN CONSULTATION WITH THE PRESIDENT.

DR. HAYDEN OC KIRBY TO SERVE A M ENDING NOVEMBER 1, 2025.

PRESIDENT HANS RECOMMENDED DR. BILL TO SERVE AN UNEXPIRED TERM 2022 FOLLOWED BY AN ADDITIONAL FOUR YEAR TERM NOVEMBER 1, 2022 AND ENDING 2026.

BIOGRAPHICAL INFORMATION IS INCLUDED IN YOUR MATERIALS.

ON BEHALF OF THE UNIVERSITY GOVERNANCE COMMITTEE, I MOVE THAT THE BOARD APPOINT DR. KIRBY SERVING NOVEMBER 1, 202 ENDING OCTOBER 31, 2025 AND THE OTHER TO SERVE ENDING NOVEMBER 31, 2022 FOLLOWED BY NOVEMBER 1, 2022 ENDING OCTOBER 31, 2026.

>> MEMBERS OF THE BOARD, YOU HAVE HEARD THE MOTION.

DISCUSSION OR DEBATE?

HEARING NONE, ALL IN FAVOR SAY AYE.

MOTION CARRIES.

>> SECOND, NORTH CAROLINA STATE HAS A PARTIAL TERM OF VACANCY EFFECTIVE NOVEMBER 8, 2021 ENDING NOVEMBER 30, 2025.

ERIC DIXON IS RECOMMENDED TO FILL THIS PARTIAL TERM VACANCY.

BIOGRAPHICAL INFORMATION IS INCLUDED IN YOUR TERMS.

ON BEHALF OF THE UNIVERSITY GOVERNANCE, I MOVE THAT THE BOARD ACCEPT THE NOMINATION OF ERIC DIXON TO SERVE ON THE NC UNIVERSITY BOARD OF TRUSTEES, OCTOBER 8, 2021 AND ENDING JUNE 30, 2025.

>> YOU HAVE HEARD THE MOTION.

ANY DISCUSSION OR DEBATE?

ALL IN FAVOR SAY AYE.

OPPOSED?

MOTION CARRIES.

>> OUR LAST ACTION ITEM FOR TODAY IS MONUMENTAL FOR EASTERN NORTH CAROLINA.

RECOMMENDS APPROVE OF JOINT OPERATING AGREEMENT WITH VI VIE TKAPBLT HEALTH TO WORK TOGETHER AS ECU HEALTH BUILDING UPON THE LONG STANDING AGREEMENT SIGNED IN 1975, BETWEEN THE UNIVERSITY OF NORTH CAROLINA BOARD OF GOVERNORS, MEDICAL CENTER AND PIT COUNTY MEMORIAL HOSPITAL BOARD OF TRUSTEES, EAST CAROLINA UNIVERSITY BORED OF TRUSTEES AND BOARD OF COMMISSIONERS, BY OPERATING UNDER THE TERMS OF THE AGREEMENT, BRODY SCHOOL MEDICINE AND VIDENT WILL BE IN A PER POSITION TO SERVE NORTH CAROLINA.

THE SALE OR ACQUISITION OF EITHER PARTY AND EACH RETAIN THEIR RESPECTIVE SEPARATE CORPORATE EXISTENCE.

THE JOINT OPERATING AGREEMENT PROVIDES JOINT LEADERSHIP UNDER THE BRODY SCHOOL OF MEDICINE DEAN VIDENT HEALTH CEO AND JOINT OPERATING COMMITTEE TO APPROVE ECU HEALTH BUDGET AND STRATEGIC PLANS.

THE JOINT OPERATING AGREEMENT REQUIRES APPROVAL BY THE SIGG TORREYS OF THE ACTING AGREEMENT.

THIS BOARD, VIDEN MEDICAL BOARD, EAST CAROLINA UNIVERSITY BOARD OF TRUSTEES, PIT COUNTY BOARD OF COMMISSIONERS AND I UNDERSTAND ALL THREE HAVE GIVEN UNANIMOUS CONSENT.

MR. CHAIRMAN, ON BEHALF OF THE COMMITTEE ON UNIVERSITY GOVERNANCE, I MOVE THE BOARD ACCEPT THE AGREEMENT CREATING ECU HEALTH.

>> THANK YOU, GOVERNOR POWERS.

MEMBERS OF THE BOARD, YOU HAVE HEARD THE MOTION.

DISCUSSION OR DEBATE?

HEARING NONE, ALL IN FAVOR SAY AYE.

OPPOSED?

A MOMENT OF PERSONAL PRIVILEGE, I WOULD LIKE TO THANK CHANCELLOR ROGER, MR. SHANAHAN, MR. PRUITT AND DR. WALL TKROPL WHO WORKED HARD TO GET ACROSS THE FINISH LINE.

THANK YOU VERY MUCH FOR YOUR EFFORTS.

>> CONGRATULATIONS, CHANCELLOR.

[APPLAUSE] >> ONE OF MY COLLEAGUES SENT ME A SHORT FILM CLIP TODAY INTRODUCED BY A QUOTE.

THOMAS JEFFERSON, ONE OF THE FOUNDERS OF THE UNIVERSITY OF VIRGINIA MADE.

WE ARE NOT AFRAID TO FOLLOW THE TRUTH WHEREVER IT MAY LEAD, NOT TO TOLERATE ARROWS SO LONG AS REASON IS LEFT FREE TO COMBAT IT.

WE HAVE A DIFFERENT WORLD TODAY THAN 200 YEARS AGO.

WE FACE MORE COMPLEX ISSUES THAT WERE NEVER ENVISIONED THOMAS JEFFERSON'S TIME.

THAT'S A GOOD QUOTE TO LEAD US TO THE LAST TOPIC ABOUT THE SESSIONS WE HAVE HAD ON THE BOARD.

WE BEGAN THE SERIES OF PRESENTATIONS ON FREE SPEECH WITH A DISCUSSION ON THE STATE OF FREE EXPRESSION.

YESTERDAY, IN OUR FOURTH PRESENTATION ON THIS SERIES, WE WERE JOINED BY NORTH CAROLINA SUPREME COURT JUSTICE PAUL NEWBIE AND ASSOCIATE JUSTICE MICHAEL MORGAN.

THE CONVERSATION PRIMARILY FOCUSED ON FREE EXPRESSION RESTS ON THE IDEA THAT WE ARE BETTER HEARING IDEAS WITH WHICH WE DISAGREE.

IT WAS A GREAT TIME AND WE WERE GRATEFUL FOR THE TIME THEY TOOK TO BE WITH US.

THE BEST THING I HAEFRD I HEARD IN THEDISCUSSION THAT HF HIS MAIN TASKS IS TO PRESERVE THE CIVIL DISCOURSE OF THE BODY AS IT HAS BEEN IN THE PAST.

THAT'S A LESSON TO US AS WE GO FORWARD AND TO EACH OF OUR CAMPUSES AS WE ENCOUNTER DAY-TO-DAY ACTIVITIES THAT FREE IMPRESSION IS AND SHOULD BE A CORNER STONE OF ACADEMIC FREEDOM AND DEBATE.

FINALLY, DUE TO TIME CONSTRAINTS, THE COMMITTEE WAS NOT ABLE TO HEAR AN UPDATE ON COMPLETION OF AUTHORITY PROJECT.

I REQUEST MR. TRIPP TO GIVE US AN UPDATE NOW.

>> THANK YOU, GOVERNOR POWERS, MEMBERS OF THE BOARD HERE AND REMOTELY.

HAPPY TO REPORT THE DELEGATION PROJECT IS CONCLUDED, FIRST PHASES.

YOU RECALL IN JULY OF THIS YEAR, THIS BOARD DIRECTED EACH BOT TO ADOPT AN AMENDED AND RESTATED RESOLUTION, RESTATING THE DELEGATED AUTHORITIES DELEGATED IN THE PAST TO THE BOTS.

THE IDEA IS THAT THIS WOULD TRACK BETWEEN DOTS AND OFFICIALS, A DEADLINE OF OCTOBEA RESOLUTION TO PRESIDENT HANS.

YOU AFFORDED PRESIDENT HANS TIME FOR FEEDBACK DURING THE MONTH OF OCTOBER AND CAMPUSES DIRECTED NOVEMBER 1ST TO ENACT A FINAL RESOLUTION.

THE PROCESS IS NOW CONCLUDED MOMENTS AGO IN YOUR E-MAIL ACCOUNTS WE SENT AROUND A LINK ON THE SYSTEM OFFICE UPDATE TO ALLOW YOU TO LOOK AT EACH REHRAOUGS.

I'LL TELL YOU ABOUT THE PROCESS WE FOLLOWED MAKING RECOMMENDATIONS TO PRESIDENT HANS ON REVIEW AND HOW THAT CONCLUDED.

WE LOOKED AT WHETHER OR NOT THE CAMPUSES DELEGATED THE POWERS ERSSET FORTH IN APPENDIX ONE.

THERE WAS NOTHING DELEGATED THAT COULDN'T BE DELEGATED BY POLICY.

THAT DIDN'T OCCUR.

WE LOOKED AT CLARITY AND TRANCE TRANSPARENCY.

TO THAT END, PRESIDENT HANS MADE RECOMMENDATIONS TO INDIVIDUAL CAMPUSES TO ADJUST HOW THE RESOLUTIONS WERE FORMATTED, WHAT ADDITIONAL MATERIALS WERE LINKED IN THE DOCUMENTS AND THAT'S VIEWABLE ON THE WEBSITE NOW FOR YOU AND MEMBERS OF THE PUBLIC.

THE SUCCESS OF THE EFFORT, WHICH I'M HAPPY TO REPORT ON TODAY IS BEST CAPTURED BY A COMMENT I RECEIVED FROM ONE OF THE GENERAL COUNCILS ACROSS THE SYSTEM.

THAT LAWYER TOLD ME, WE ARE GOING TO PUT THE DOCUMENT IN A SAFE OR VAULT.

WE MAY BE LOOKING AT IT FOR THE NEXT HUNDRED YEARS.

IT'S SUCH A STEP NEEDED TO BE DONE.

WE HAVE DONE IT AND THE WORK IS BEFORE US.

GOVERNOR POWERS, HAPPY TO ANSWER QUESTIONS ABOUT THE PROCESS, ENCOURAGE THE MEMBERS TO LOOK AT THE MATERIALS POSTED ON OUR WEBSITE AND HAPPY TO TALK ABOUT FURTHER NEXT STEPS THE BOARD MIGHT BE INTERESTED IN.

>> ANY QUESTIONS?

GOVERNOR FRALEY?

>> THANK YOU, MR.

POWERS.

AS WE DISCUSSED OVER THE LAST COUPLE OF DAYS, I WOULD LIKE TO FORMALLY REQUEST MR. TRIPP PUT TOGETHER A CHART TO SHOW THE DELEGATED AUTHORITIES SIDE BY SIDE WITH EACH INSTITUTION SO WE SEE WHAT DIFFERENCES ARE.

ALSO, CAN TAKE A LOOK AT THIS FOR BEST PRACTICES AND THINGS ALONG THAT LINE.

>> THANK YOU, GOVERNOR FRALEY.

HAPPY TO DO THAT.

ANYTHING ELSE?

QUESTIONS?

[OFF MICROPHONE ] >> I WOULD LIKE TO ABSOLUTE YOUR COMMITMENT TO THIS NEWFOUND DISCIPLINE.

I THINK I FIRST LEARNED OF THIS AS WE WERE IN THE PROCESS OF SELECTING THE NEW PRESIDENT OF THE SYSTEM, AND CERTAINLY MOVING IN A DIRECTION OF GREATER ALIGNMENT AND COHESION, CERTAINLY CHAIRMAN POWELL, ABSOLUTE YOUR EFFORTS TO COMPLEMENT THIS.

I'M HAPPY TO SEE THIS VISION HAS COME TO FRUITION.

I THANK OUR UNIVERSITY SYSTEM, MR. CHAIRMAN, IS GOING TO BE THE BETTER FOR THIS VISION HAVING TO COME TO PASS UNDER YOUR LEADERSHIP.

>> THANK YOU, GOVERNOR HOLLY.

ANYONE ELSE FOR GOVERNOR POWER?

QUESTIONS OR COMMENTS?

I WOULD LIKE TO THANK GENERAL COUNSEL TRIPP AND HIS STAFF FOR HARD WORK AND THE CAMPUSES AND RESPONSE.

I KNOW THERE WAS TREPIDATION ABOUT THIS A YEAR AGO.

FROM MY DISCUSSIONS WITH MANY DIFFERENT CAMPUSES, I FEEL LIKE MOST PEOPLE THOUGHT IT WAS A GOOD EXERCISE TO DO THROUGH.

THANK YOU FOR YOUR COOPERATION AND HELP.

MR. CHAIRMAN, IF NOTHING ELSE, THAT WILL CONCLUDE MY REPORT.

>> THANK YOU, GOVERNOR POWERS.

I APPRECIATE YOU AND GOVERNOR TRIPP AND THE COMMITTEE'S WORK ON THIS.

IT REMINDS THE TRUSTEES AND OURSELVES ON OCCASION.

THE SKY DID NOT FALL WHILE WE DID THE EXERCISE AND WE DIDN'T MAKE A POWER GRAB, REGARDLESS OF WHAT PEOPLE WERE AFRAID OF, IT WAS GOOD WORK.

GOVERNOR BLUE?

>> THANK YOU, MR. CHAIRMAN.

THIS REPORT COVERS ITEMS ON THE PERSONNEL MEETING YESTERDAY.

MATTHEW BRODY SHARED UPDATES ON WORK UNDER WAY TO TIMIZE STRUCKS ON THE ANNUAL RACE PROCESS PENDING ENACTMENT OF A BUDGET AND BRIEF UPDATE IN THE TURNOVER OF THE UNIVERSITY WORKFORCE IN TRENDS OVER THE PAST SEVERAL MONTHS.

MR. BRODY INDICATED HE WOULD RETURN WITH WORKFORCE TURNOVER AT THE NEXT MEETING 678 HUMAN RESOURCES IS ANALYZING EMPLOYEE TURNOVER DATA ON A MORE FREQUENT BASIS UNDER CHALLENGES DUE TO COVID-19.

THE COMMITTEE DISCUSSED NEEDS WITH THE AUTHORITY TO EXECUTE REQUIRED DOCUMENTS INTO A COLLECTIVE INVESTMENT TRUST TO LOWER THE FEES CHARGED TO UNIVERSITY EMPLOYEES OFFERED IN ORP.

I MOVE THAT THE BOARD OF GOVERNORS VOTE TO GRANT THE PRESIDENT AUTHORITY TO EXECUTE THE DOCUMENTS ENTERED TO COLLECT INVESTMENT TRUST.

>> YOU HAVE HEARD THE MOTION.

NO SECOND REQUIRED.

DISCUSSION OR DEBATE?

HEARING NONE, ALL IN FAVOR SAY AYE.

>> AYE.

>> OPPOSED?

THANK YOU VERY MUCH.

PASSES, GOVERNOR WHETHER YOU.

BLUE.

>> THERE ARE REPORTS AVAILABLE.

THIS CONCLUDES MY REMARKS.

>> THANK YOU, GOVERNOR PHRU.

BLUE.

I WOULD LIKE TO BRING FORTH THE REPORT, THE ASSESSMENT COMPANY MET TO ASSESS THE PRESIDENT'S FIRST YEAR IN OFFICE.

WE AGREED UNANIMOUSLY THAT HE HAS DONE AN EXCEPTIONAL JOB UNDER MANY OF THE MOST CHALLENGING CIRCUMSTANCES.

WITH LIFE RETURNING TO NORMAL, IT'S EASY TO FORGET HE TOOK OFFICE DURING THE PANDEMIC.

HE HAD A WEEK TO GET HIS BEARINGS BEFORE THE FIRST SCHOOLS OPENED UNDER THE CHALLENGING SEMESTER.

UNC SYSTEM MANAGED TO GROW ENROLLMENT.

GRADUATION RATES HAVE NEVER BEEN HIGHER.

THAT'S A MARK OF STRONG AND STEADY LEADERSHIP.

PRESIDENT HANS HAS BEEN ON A STRONG TEAM, MOVED KEY POLICY EXCHANGES AND INITIATIVES AND HAS BEEN A STRONG ADVOCATE AND TRUSTED VOICE OF THE GENERAL ASSEMBLY.

FROM THE IMPLEMENTATION OF FEE POLICIES, IN AD INITIATION OF PS UNPRECEDENTED INVESTMENT IN STUDENT MENTAL HEALTH THE TEAM HAS BEEN FOCUSED ON THE OBLIGATION OF PUTTING STUDENTS AND THE STATE AT THE CENTER OF EVERYTHING WE DO.

HIS STRONG LEADERSHIP IS IN THE BUDGET WITH $2 BILLION REPAIRING RENOVATION FOR THE UNC SYSTEM, FUNDING ENROLLMENT FOR PROMISE AND FACULTY AND STAFF RAISES.

IN RECOGNITION OF HIS PERFORMANCE IN JUNE IT WAS RECOMMENDED A $300,000 PAYMENT WHICH THE PRESIDENT REQUESTED TO BE CONTRIBUTED TO SENIOR OFFICE ADMINISTRATIVE RETIREMENT PROGRAM.

HE AGREED TO THE COMPENSATION CATEGORY ON LEADERSHIP AND OPERATIONS AS THE PANDEMIC I ILLUSTRATED THE IMPORTANCE OF PRESIDENTIAL LEADERSHIP DRIVING IMPROVEMENTS TO SYSTEM OPERATIONS THAT ENHANCE THE EFFICIENCY AND ENABLE LONG-TERM SUCCESS IN ALL OF OUR CAMPUSES.

THE RECOMMENDATION FROM THE COMMITTEE WAS INCLUDED IN CLOSED SESSION MATERIALS YOU RECEIVED LAST WEEK.

AT THIS TIME, I WOULD ENTERTAIN A MOTION TO APPROVE THE RESOLUTION FOR $300,000 TO THE PRESIDENT SENIOR RETIREMENT PROGRAM AND TERMS FOR THE COMING YEARS.

DO I HEAR A MOTION TO APPROVE THE RESOLUTION?

AND IT'S PROPERLY SECONDED.

ALL IN FAVOR SAY AYE.

OPPOSED?

THANK YOU VERY MUCH.

THE MOTION CARRIES.

CONGRATULATIONS, PRESIDENT HANS.

[APPLAUSE] I KNOW YOU WILL ALL BE TERRIBLY DISAPPOINTED, THIS CONCLUDES THE MEETING TODAY.

THE NEXT MEETING IS JANUARY 20, 2022.

WITHOUT OBJECTION, WE STAND ADJOURNED.

>> NORTH CAROLINA CHANNEL IS MADE POSSIBLE BY THE FINANCIAL CONTRIBUTIONS OF VIEWERS LIKE YOU WHO SUPPORT THE UNC-TV NETWORK.